Over $130 - a 7-day high, big hurdle just jumped

[ManBearPig]

And towards $150, the next milestone.

It *might* (caveat - speculation!) just join the last pre-crash trendline of about 6% daily growth

Trendline: "Hey, where you been?"

Price: "Ah nowhere, just crashed, nothing major. How's things?"

[NamelessOne]

That would be incredible if all this was simply catching up with that trendline, hahaha 

[NikolaTesla]

130 sell wall has been obliterated!  
The floodgates of bids have opened, to 150 and beyond we go  

[ManBearPig]

That would be incredible if all this was simply catching up with that trendline, hahaha 

Quite hilarious actually

[usagi]

It's already 132 and goxlag is 30 seconds. PRICE EXPLOSION omg just hit 133 seconds ago as I type this.. omg.. 134... its moving FAST

[HerrDoktor]

Ist amazing to see how much confidece there if these prices so shortly after the last dumps. Is that a good sign ?

[NamelessOne]

It's already 132 and goxlag is 30 seconds. PRICE EXPLOSION omg just hit 133 seconds ago as I type this.. omg.. 134... its moving FAST

Fortunately anything under 2 minutes doesn't seem to have an impact on the price. 5-10 mins of lag is when we start seeing the 'lag selling' kick in I find. Gox seems to notice that also and did a 10-15 minute cooldown the last two times it hit 10mins of lag.

[usagi]

135 just taken down

[ManBearPig]

Ist amazing to see how much confidece there if these prices so shortly after the last dumps. Is that a good sign ?

Hell yes. We will slow down once we approach the all-time high again and probably have a bit of a battle to go over $250 again but short-term bullish indicators abound.

[Zaih]

And back we go into the 120's.

I lub you Bitcoins

[ManBearPig]

But straight up would be boring

We know about the resistance past the 7-day high now!

[Zaih]

And $110

Boom..

[ManBearPig]

Do I have to explain the relevance of that that barrier being broken at the first time of asking?

There's more to the price than the last sale

[rpietila]

In 2011 it took 5 months for the capitulation to be consummated.

In 2013, it took 5 days.

In 2011-2013 it took 16 months until we reached the pre-peak ATH.

 

Profit.

[ruski]

In 2011 it took 5 months for the capitulation to be consummated.

In 2013, it took 5 days.

Two words: Bull Trap.

I'm just sayin'.

[rpietila]

In 2011 it took 5 months for the capitulation to be consummated.

In 2013, it took 5 days.

Two words: Bull Trap.

I'm just sayin'.

And in case you want to back your sayin's with cold, hard cash, I am still writing $32 and $50 puts for the rest of 2013.

Especially as the prices are waay cheaper now than last Tuesday when I introduced them. 

[ruski]

In 2011 it took 5 months for the capitulation to be consummated.

In 2013, it took 5 days.

Two words: Bull Trap.

I'm just sayin'.

And in case you want to back your sayin's with cold, hard cash, I am still writing $32 and $50 puts for the rest of 2013.

Especially as the prices are waay cheaper now than last Tuesday when I introduced them. 

No, I'm back in, despite my misgivings. Seeing BTC on the news, not in a sensational story, not in any kind of story at all, just presented along with all the normal financial instruments and charts, was a jolt. Millions of Aussies just saw something they don't understand with a 25% gain sign next to it. I'm not betting against that... I just like to be cautious, play devils' advocate from time to time.

[rpietila]

In 2011 it took 5 months for the capitulation to be consummated.

In 2013, it took 5 days.

Two words: Bull Trap.

I'm just sayin'.

And in case you want to back your sayin's with cold, hard cash, I am still writing $32 and $50 puts for the rest of 2013.

Especially as the prices are waay cheaper now than last Tuesday when I introduced them. 

No, I'm back in, despite my misgivings. Seeing BTC on the news, not in a sensational story, not in any kind of story at all, just presented along with all the normal financial instruments and charts, was a jolt. Millions of Aussies just saw something they don't understand with a 25% gain sign next to it. I'm not betting against that... I just like to be cautious, play devils' advocate from time to time.

Ah, way better.

Note to the newbies: all bears in the forum want to buy back cheaper. If they were out for good, they would not waste their time here with no prospect of material gain. Simple logic.

The more bears, the better. When all turn to bulls, they are already content with their holdings, and the continued price appreciation rests on the new entrants. This may go on loger than most expect, but will eventually go to bubble territory, and further crash.

[ruski]

Ah, way better.

Note to the newbies: all bears in the forum want to buy back cheaper. If they were out for good, they would not waste their time here with no prospect of material gain. Simple logic.

The more bears, the better. When all turn to bulls, they are already content with their holdings, and the continued price appreciation rests on the new entrants. This may go on loger than most expect, but will eventually go to bubble territory, and further crash.

Not a bear, thanks. Nobody is out for "good," everybody is out for themselves, bulls and bears both. That said I find the best way of convincing people to follow you is to be honest about your positions and explain yourself well. A select few 'tards will actually think they can manipulate public opinion. They can't.

[Jaroslaw]

When i hold bitcoins im bull :>
When i want buy bitcoins im bear